Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’
Under the plan, Gemini creditors would receive a “fraction” of the money they are owed, Gemini’s lawyers said.
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Sep 15, 2023 at 5:22 p.m. UTC
Sep 15, 2023
Bankruptcy
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Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal
Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.
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Sep 15, 2023 at 9:45 a.m. UTC
Sep 15, 2023
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Judge Allows Bankrupt FTX to Sell Its Crypto Holdings, Including BTC and SOL
Lawyers of FTX had submitted a filing with the U.S. Bankruptcy Court for the District of Delaware, asking for permission to sell, stake and hedge its crypto holdings in order...
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Sep 13, 2023 at 5:41 p.m. UTC
Sep 13, 2023
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Surprisingly Few U.S. Customers Want Their Bittrex Money Back
The U.S. Secret Service kept millions on the exchange, company lawyers told a bankruptcy court – but other creditors have been strangely reluctant to ask for their funds back
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Sep 13, 2023 at 3:58 p.m. UTC
Sep 13, 2023
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Beleaguered Gemini Earn Customers Will Be Made ‘Nearly Whole,’ DCG and Genesis Say About Remuneration Plan
A filing on Wednesday states that if the assorted creditor groups vote through the proposed deal, then “Gemini Earn users are estimated to recover approximately 95-110% of the...
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Sep 13, 2023 at 12:07 p.m. UTC
Sep 13, 2023
FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned
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Sep 13, 2023 at 6:29 a.m. UTC
Sep 13, 2023
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FTX Holds $1.16B in SOL, $200M in Bahamas Real Estate, Court Filing Says
The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.
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Sep 11, 2023 at 2:34 p.m. UTC
Sep 11, 2023
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Steve Kokinos, Creditors Named to Run Celsius 2.0
Executives from WeWork, Lehman Brothers and miner US Bitcoin will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee
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Sep 11, 2023 at 9:26 a.m. UTC
Sep 11, 2023
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Celsius Network Files 'Adversary Complaint' Against EquitiesFirst to Recover Assets
The private lender owed Celsius $439 million of assets as of July 2022.
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Sep 6, 2023 at 9:02 p.m. UTC
Sep 6, 2023
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Genesis Global Capital Files for Over $600M in Unpaid DCG Loans: Court Docs
Genesis claims DCG owes it $500 million from one set of loans, alongside another 4,550 BTC owed from DCG International.
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Sep 6, 2023 at 6:54 p.m. UTC
Sep 6, 2023